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Finding new suppliers after the unprecedented “Chicken-rice crisis” in Singapore

Following an interruption in supplies from Malaysia due to an export prohibition, Singapore is looking into buying chicken from Indonesia.

edt292 by edt292
22/06/2022
in Blog
Finding new suppliers after the unprecedented “Chicken-rice crisis” in Singapore

Image: Thu Trang

HIGHLIGHTS

  • Singapore is trying to locate other sources of hens because its neighbor, Malaysia, recently imposed export and sales restrictions.
  • Indonesia’s authorities had already conducted negotiations with Singapore and are hoping for a good reaction that would allow them to begin exporting hens.

FULL ARTICLE

Malaysia bans chicken exports

Singapore is thought to be trying to locate other sources of hens because Malaysia, its neighbor, recently imposed export and sales restrictions. According to Reuters, chicken scarcity is the latest in a string of worldwide food crises in which several essential components are in short supply.

The interruptions in the supply chain, the conflict in Ukraine, adverse weather conditions, and slow output or no harvest are some of the causes behind this. Singapore is now experiencing chicken scarcity as a result of Malaysia’s decision to cease exporting the fowl earlier this month.

Restrictions caused Singapore to lose 33% of the domestic chicken supply

Malaysia is attempting to increase domestic manufacturing and is waiting for costs to normalize before resuming exports of its goods. Its relocation had a significant impact on Singapore, particularly restaurant and street stall operators. These restaurant owners have already raised their prices, yet chicken is still missing from many of their menus.

Opportunities open up for Indonesia 

Susiwijono Moegiarso, a top official in Indonesia’s Coordinating Ministry of Economic Affairs, disclosed that the authorities had already conducted negotiations with Singapore and are hoping for a good reaction that would allow them to begin exporting this month.

Singapore has an estimated chicken meat consumption demand of 3.6 million to 4 million per month

The Singapore Food Agency (SFA) issued a statement indicating that it is in regular contact with Indonesian officials on the country’s accreditation as a chicken importer.

“Hopefully within the next two weeks there would be a realization, if we have to wait for months we will miss the momentum,” Reuters quoted Achmad Dawami, the head of the Indonesian Poultry Breeders’ Association, as saying.

Indonesia is Southeast Asia’s most populous country, with a population of 270 million people and a big excess of chicken production. It was reported that it can produce 55 to 60 million chickens each week, with a 15 percent to 20% excess after local consumption.

Tran Van Hieu

Singapore’s PIL Gets $110 Million Lifeline From Temasek Fund

 

Source: Reuters
Tags: chickenIndonesiaSingapore

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